18/04/2024
EURUSD HIGH 1.06842 LOW 1.06643 BID 1.06816 ASK 1.06820 CHANGE 0.01% TIME 09:00:57

OUTLOOK SUMMARY

Up

TREND CONDITION

Upward
penetration

TRADERS SENTIMENT

Bullish

IMPLIED VOLATILITY

Medium

MARKET ANALYSIS - Intraday Analysis

Upwards scenario: Upwards structure remains in focus and further price progress is limited now to resistive measure at 1.0682 (R1). Break here is required to enable higher aims at 1.0716 (R2) and 1.0750 (R3) in potential. Downwards scenario: Despite of the recent price acceleration on the upside, reversal scenario remains in focus. An important support level at 1.0669 (S1) shall be cleared to enable bearish potential and suggest lower targets at 1.0635 (S2) and 1.0601 (S3).

Resistance Levels: 1.0682, 1.0716, 1.0750

Support Levels: 1.0669, 1.0635, 1.0601